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Springfield 01104 Liberty Heights
196 Savoy Ave
$175,000
● House - Off Market

196 Savoy Ave

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,197 Ft²
$258,479
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Well maintained 5 Room Vinyl Sided Cape with Central Air, efficient gas heat and spacious two car detached garage. There are replacement windows and newer gutters (APO).This property offers Kitchen with ceramic tile flooring and breakfast bar. It comes complete with all appliances.(Double Oven, Electric Cook top, Refrigerator and Dishwasher). Living Room with Gas Fireplace and Hardwood Floors. Two Bedrooms on the main level with ceiling fans, closets and hardwood floors. There is a third bedroom on the second floor. The basement has potential to be finished(The condition of the fireplace in the basement is unknown and will be sold as-is). Enjoy the fenced back yard from your deck. This house offers ample parking. It's a true winner!!!
Unit Size
1,197 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$148
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1946

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72570438)

Price History

Date / Event Date Event Price
Jan 31, 2020 Sold
Premium
Sold
Sep 25, 2019 Listed by Teamwork Realty Group, LLC $177,400
Listed by Teamwork Realty Group, LLC
Aug 14, 2018 Sold
Premium
Sold
May 9, 2018 Listed by Teamwork Realty Group, LLC $164,500
Listed by Teamwork Realty Group, LLC
Aug 31, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,825
  • Total Building Area: 1,197
  • Gross Building Area: 1,197
  • Building Area: 1,197
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,197
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAVOY AVE
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Springfield School District
  • School Tax School District: SPRINGFIELD SD
  • Census Tract: 800300

Zoning

  • Zoning: R1

Geography

  • Account Number: 106200046
  • Parcel: SPRI S:10620 P:0046
  • Municipality: SPRINGFIELD
  • Latitude: 42.13
  • Longitude: -72.5736

    Address

  • Full Address: 196 Savoy Ave
  • Address - House Number: 196
  • Address - Street Name: Savoy
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2000
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $397,600

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 282,654
  • High Value: 344,070
  • Low Value: 221,238

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,200
  • Assessed Land Value: $34,900
  • Assessed Improvements Value: $198,300

    Sales

  • Current Sale Contract Date: Nov 12, 2019
  • Current Sale Recording Date: Jan 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5749
  • Previous Sale Recording Date: Aug 14, 2018
  • Previous Sale Amount: $164,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Liberty Heights

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1783 ft²

Average Home Age

92.6 years

Currently For Sale

33 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72570438

Frequently Asked Questions

When was property at 196 Savoy Avenue built and last sold?
The property at 196 Savoy Avenue was built in 1946 and last sold on Nov 12, 2019 for $175,000.
How much is this home worth?
The estimated value of the home located at 196 Savoy Avenue is $183,149.
What are some comparable homes to 196 Savoy Avenue?
There are currently no comparable homes to 196 Savoy Avenue.
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